SM Energy (SM) EBITDA (2009 - 2026)

SM Energy (SM) has 18 years of EBITDA data on file, last reported at -$298.0 million in Q1 2026.

• On a quarterly basis, EBITDA fell 207.97% year-over-year to -$298.0 million in Q1 2026; TTM through Mar 2026 was $425.7 million, a 63.73% decrease from a year earlier, with the FY2025 full-year figure at $1.0 billion, down 7.06% from the prior year.
• EBITDA for Q1 2026 stood at -$298.0 million, down from $182.3 million in the prior quarter.
• Over the last five years, EBITDA for SM reached as high as $622.3 million in Q3 2022 and fell as low as -$298.0 million in Q1 2026.
• Historically, EBITDA has averaged $255.5 million across 5 years, with a median of $276.0 million in 2025.
• Across the five-year window, EBITDA soared 392.87% in 2022 and sank 207.97% in 2026, its largest moves.
• Year by year, EBITDA stood at $342.7 million in 2022, then decreased by 9.53% to $310.0 million in 2023, then slipped by 7.33% to $287.3 million in 2024, then sank by 36.53% to $182.3 million in 2025, then tumbled by 263.45% to -$298.0 million in 2026.
• Per Business Quant data, the three most recent EBITDA figures were -$298.0 million in Q1 2026, $182.3 million in Q4 2025, and $246.5 million in Q3 2025.